TASK: Qualitative factors are non-financial in nature but are important for mana
Qualitative factors are non-financial in nature but are important for management to consider when making decisions. Reflecting on a company for which you have worked (or are otherwise familiar), describe three qualitative factors that would be important for management decision-making. Then, assess each of them in order of importance. Given your assessment, justify a situation where the qualitative factors would outweigh the quantitative results. Be specific.
As portfolio activities are to be self-reflective, please make sure to connect the portfolio assignment to:
Your personal experiences. Reflect on how this assignment topic is applicable to and will benefit you.
Course readings and any external readings.
Discussion forum posts or other course objectives.
COMPANY: MORTAGE LOAN BROKER
Recommended readings for this unit:
1. Heisinger, K., & Hoyle, J. B. (n.d.). Accounting for Managers. https://2012books.lardbucket.org/books/accounting-for-managers/index.html
Chapter 7 – How Are Relevant Revenues and Costs Used to Make Decisions?
This text explains how to use differential analysis and how to identify relevant costs, with illustrations using applied examples.